Spectra Systems Share Discussion Threads

[battlebus2] 25/3/2014 13:26

MM,s quoted 18.7 v 17.1 earlier this morning for 25k so stock available.

[pj 1] 25/3/2014 12:16

L2 shows 17 v 19p 10.5%

[el1te] 25/3/2014 12:11

bb2 - Out of interest, what is the spread on this? 17p at the bid, but at the ask? I can't access my platform at the moment

[battlebus2] 25/3/2014 07:05

Artemis selling a few , down to below 5%.

[battlebus2] 23/3/2014 18:06

Ali your becoming like the grim reaper bearing bad news!!! Trouble is you can't see when it's time to invest in an undervalued situation like Spectra!!!
Ofcourse there are bloody risks there is risk in every share on the market just look at the banks and Morrison's the so called safe shares.
It is my view and my view only that there is value at 18p, you only have to look at the above posts to see the potential. DYOR etc as ever always applies.
Results last year where on the 2nd of April so not long now for some reassuring guidance imho.

[investali] 23/3/2014 17:10

BB2 I had a quick look at these but I'm so far unimpressed.
They don't make a profit or pay a dividend and from what I see the next results will show an even greater loss. I fear another G8 bank could also pull the plug leaving these in a hopeless situation.
You say the NAV is 34p so why does the market only see fit to value them at 18p.
There are too many negatives for me to invest here and I fear like BYOT this is another bad choice but as always best of luck and I hope it comes good for you.

Ali.

[battlebus2] 23/3/2014 11:43

InkSure Technologies has completed a pilot in China applying its taggant and reader technology to products in the fast-moving consumer good (FMCG) sector. The goods can now be authenticated at any point in the supply chain, including and most importantly at point-of-sale, according to a company press release. The technology supplier has also taken various steps to make sure its authentication technology is not reverse engineered. For example, the quality assurance (QA) on the production line is automated and monitored by InkSure personnel outside of China. "Doing business in China comes with a unique set of challenges but we have taken steps to protect ourselves and our clients so that they can be confident that their authentication solution does not fall prey to the thing it is trying to protect," said Tal Gilat, InkSure's president and chief executive.

Also great to be included in this report..

Overall world revenue for the anti-counterfeit packaging technologies market will reach $13.7bn in 2014, Strong revenue growth is predicted from 2014 to 2024 and the research also shows you what organisations hold greatest potential. See profiles of 15 leading companies, including these:

3M
Aesica Pharmaceuticals
Alien Technology
AlpVision
Authentix
Avery Dennison
CFC International Corporation
Digimarc
Impinj
InkSure Technologies
Intermec
Sekuworks
TruTag Technologies
UPM Raflatac
Zebra Technologies

[battlebus2] 23/3/2014 11:37

We are also speaking at the banknote conference in April on cleaning notes.

Lowering Central Bank Currency Replacement Costs and Mitigating Environmental Impact Using Supercritical Fluid Cleaning of Banknotes
Nabil Lawandy, CEO


Spectra Systemshxxp://www.banknoteconference.com/highlights/speakers-and-topics.html

[battlebus2] 23/3/2014 11:29

Looking into Inksure the now fully acquired part of Spectra Systems, i'm fascinated by this business. In 2013 they won this award, can we do it again in 2014?

The Best New Innovation Award was presented to Inksure Technologies for their SmartSure tax stamp programme. This protects 300,000 million items each year in Turkey, such as books and CDs, using a smartphone app to authenticate covert holographic features as well as a track and trace QR-code. This enables manufacturers of cultural items to perform counterfeit inspections and check the security of their supply chains.

Another part of the Inksure business..

Machine Readable Taggants: TagSure
TagSure can be applied by any conventional printing process. The covert machine-readable taggant is not detected by human or electronic eyes; only an INKSURE reader can identify its presence. Using proprietary spectrophotometric methods, INKSURE produces a unique taggant formulation for authentication of each product line. The result is dedicated, forensic-level product authentication and protection that is accessible only by the brand owner. TagSure is also recognized as admissible court evidence to resolve liability or ownership claims.

TagSure authentication technology is applied to tens of billions of items worldwide every year including:
tax stamps
banknotes and other security documents
cigarettes and spirits
pharmaceuticals
fuel and energy
automotive parts
other consumer goods
Durable, reliable and cost-effective, TagSure has also proven to be highly secure: for over a decade. Not one taggant produced by the technology has ever been counterfeited. TagSure is easy to use but is highly secure and complex in the engineering.

Taggant Authentication Application Methods:
Volume printing (same taggant on all brand-line items): offset, flexo, silkscreen, gravure, intaglio, litho, coating.
Variable printing (taggant includes serial numbering of items): thermal transfer, InkJet.
On Demand printing (taggant applied to selected items or brand lines): pad printing, hot-ink contact.
Taggant-Reader Configuration"
Minimum taggant size of .5 inch x .5 inch (12.7 mm x 12.7 mm).
Transparent taggant can be applied over any color.
Unique signature composed from up to 75 different data points.
Taggant is detected only by InkSure readers tuned to that signature.
Media and Fixatives:
All commercial inks, coatings, varnishes, resins or other media (water base or solvent base). UV-cured, heat set and air-dry processing.
Carrier Materials:
All plastics and polymeric foils, paper, natural or synthetic threads and fabrics, metal, glass, wood, ceramic and stone (including diamonds and other gemstones).
Handling Requirements:
Shelf life and storage conditions are identical to the media and carrier materials.
Addition of taggant does not affect original material specs.

[battlebus2] 20/3/2014 23:17

It is a tricky one given the different segments within the business and how the long term contracts are won and how margins etc are maintained. I certainly see value here and hopefully the next news will confirm we are moving forward again. Lots to be positive about.

[briangeeee] 20/3/2014 22:27

It's not the easiest of companies to understand, and I certainly feel I'm some way from being comfortable, but have an initial holding. Some friends have a better grasp of the business than me, and they see decent value.

[battlebus2] 20/3/2014 21:45

Thanks guys I expect an RNS or two to appear at some time, these things like you say seem to follow their own path of regulation. This remains a very overlooked share by the P. I. do either of you hold?

[diku] 20/3/2014 21:44

Me thinks the best way to go about is....every joe public in the World stops putting money into AIM directly or via fundies...

[briangeeee] 20/3/2014 21:40

I think this is an important matter of AIM rule compliance, but I certainly wouldn't suggest that it was a sign of the total incompetence (at best) that happened at SID. The head of corporate finance at WHI has been informed of the issue, and some Sharesoc directors are also informally aware, FWIW.

[pj 1] 20/3/2014 21:18

BGee

'Well you can tell by the way I use my walk, I'm a woman's Man, no time to talk'

Unfortunately I held SID which is now worthless. The ceo (Shaun Nutley) is on record via Mello and RNS to have flaunted AIM rules. As of yet no action taken, indeed, unbelievably (Geoff) he has been appointed a Director................to a competitor to SID (obviously and allegedly to ''win'' the previous accounts). Couldn't write it could you??????

I am off thread somewhat but maybe myself, and other regular PI's here need to join Sharesoc and put more pressure on this abysmal non compliance (alleged non-compliance)

'Or do we just turn our heads....and look the other way......Well the world turns....'Elvis

[briangeeee] 20/3/2014 20:54

bb2, I think the important trades in terms of the overhang are the 3 x 1m sales at 18p. The other large-ish trades are a mix of buys and transfers.

It's interesting to see that both Seine & Co (7.6%) and Standard Life (5.9%) have disappeared from the significant shareholder list over the past year, no RNS announcements have been made. Perhaps they failed to inform the company. Perhaps the company forgot to announce their notifications. Perhaps there's some reason why they don't have to, but I don't imagine that would comply with AIM rules?

[battlebus2] 19/3/2014 20:29

Another large trade reported late tonight, overhang gone?

[battlebus2] 18/3/2014 21:59

Looking at these a little closer there are significant positives to come imv,
the opportunities of upselling etc with the newly acquired Inksure could be substantial in the coming years and although a major G8 bank recently pulled out of a deal in the development of a new generation technology which knocked the shares for six all is not lost as Spectra Systems continues to own all of the developed intellectual property, specific covert materials and sensor designs developed under this program. In addition, it expects that the specific materials and data will be unclassified and will be available to the Company to use commercially with another central bank customer.

Importantly on another positive note phosphour sales have in the last three months recovered to levels not experienced since 2011!!
The market seems to have overlooked this along with the new bank note cleaning business which could save banks millions in replacement notes.

Receipt of First Commercial Orders from New Material Manufacturing Facility

The Board is pleased to inform shareholders that Spectra Systems has now received a notice of quality assurance compliance and its first orders for current generation materials for covert banknote security to be produced at our new manufacturing facility. The orders were placed by Spectra Systems' security printing partner, a major worldwide supplier of banknote printing to over 150 central banks.

Nabil Lawandy, Spectra System's CEO, stated:

"These first orders are an important step to achieving our cost reduction strategy through manufacturing at our own facility. The combination of orders from our strategic licensing partner along with the eventual production for our own G8 customer from the new facility will both enhance the security of our products as well as result in a significant increase in margins."

In addition it expects Spectra System's performance for the year ended 31 December 2013 to be in line with market expectations. The Board expects to release the Company's preliminary results for the year ended 31 December 2013 in April 2014.

Only a few weeks until results will show us what direction they are going in so time to buy imv but as ever dyor etc...

[battlebus2] 18/3/2014 12:31

That could be the overhang cleared with the 900k trade late reported. Any buying should see these rise now imv.

[masurenguy] 16/3/2014 16:00

Here is a direct link to the above article

This R.I. business wants to take your dirty money to the cleaners

Lawandy is demonstrating the system to central banks around the world, including two central banks from G8 countries that he would not identify by name. He says he's interested in marketing the cleaning process to countries that import cash from overseas. This would keep Spectra at arm's length from the politics that can accompany the downsizing of printing operations and layoffs of printing-plant employees. The product launch for Spectra's equipment is scheduled for "Banknote 2014," a conference in Washington, D.C., in April, Lawandy says. He will not divulge what he thinks it will cost to lease a money-cleaning machine. But he does reveal that the cost of cleaning a banknote will be about one-tenth of a cent per note.

Complete article here:

[battlebus2] 11/3/2014 21:30

Here's hoping that trade has cleared a few shares.

hxxp://www.providencejournal.com/breaking-news/content/20140209-this-r.i.-business-wants-to-take-your-dirty-money-to-the-cleaners.ece

[gary1966] 11/3/2014 17:28

Well that 500K trade might explain why the share price has been static of late and if it was a buy, why we were dragged down here in the first place.

[battlebus2] 10/3/2014 18:36

Yep i'm buying, seems little risk at these levels imv.

[shanklin] 10/3/2014 14:12

You're buying?

[battlebus2] 10/3/2014 13:19

Thanks shanklin, hopefully the overhang will soon be taken out.